Progressive (PGR) Free Cash Flow (2012 - 2026)
Progressive (PGR) reported Free Cash Flow of $4.3 billion for Q1 2026, down 15.34% year-over-year from $5.1 billion in Q1 2025, and up 41.16% quarter-over-quarter from $3.0 billion in Q4 2025.
Progressive (PGR) Free Cash Flow (2012 - 2026) Analysis & Trends
Progressive (PGR) has 15 years of Free Cash Flow data on file, last reported at $4.3 billion in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $4.3 billion, down 15.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.4 billion (up 4.37% YoY), and the FY2025 annual result was $17.2 billion, up 15.95% from the prior year.
- Free Cash Flow improved to $4.3 billion in Q1 2026 per PGR's latest filing, from $3.0 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $5.1 billion in Q3 2025 and troughed at $882.8 million in Q4 2022.
- A 5-year average of $3.1 billion and a median of $3.0 billion in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow sank 41.74% in 2022, then surged 166.75% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $882.8 million in 2022, then surged by 166.75% to $2.4 billion in 2023, then climbed by 23.06% to $2.9 billion in 2024, then gained by 5.21% to $3.0 billion in 2025, then surged by 41.16% to $4.3 billion in 2026.
- Business Quant data shows PGR's Free Cash Flow at $4.3 billion in Q1 2026, $3.0 billion in Q4 2025, and $5.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 3.95 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 4.30 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 2.19 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 3.52 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 695.53 Mn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 654.00 Mn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -31.35 Mn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | -132.00 Mn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 192.60 Mn |
| 10 | Cna Financial | 11.84 Bn | 4.05 Bn | 2.33 Bn | 380.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.30 Bn |
| Mar 31, 2026 | 4.30 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Sep 30, 2025 | 5.13 Bn |
| Sep 30, 2025 | 5.13 Bn |
| Jun 30, 2025 | 3.94 Bn |
| Jun 30, 2025 | 3.94 Bn |
| Mar 31, 2025 | 5.08 Bn |
| Mar 31, 2025 | 5.08 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Sep 30, 2024 | 4.55 Bn |
| Sep 30, 2024 | 4.55 Bn |
| Jun 30, 2024 | 3.20 Bn |
| Jun 30, 2024 | 3.20 Bn |
| Mar 31, 2024 | 4.19 Bn |
| Mar 31, 2024 | 4.19 Bn |
| Dec 31, 2023 | 2.35 Bn |
| Dec 31, 2023 | 2.35 Bn |